Tesco sells Conseq Hradec Kralove retail park

Tesco sells Conseq Hradec Kralove retail park

Published at: 2019-03-12 10:15 | Author: CIJEurope.com
Tesco has sold off another piece of real estate from its Czech portfolio to a local Czech investor. This time, the asset on sale was a retail park on Rašinova street in Hradec Kralove and the buzer was the fund Conseq. The daily E15 writes that tenants in the park include Asko, Electro World, Sportisimo and New Yorker. Tesco is holding on to its hypermarket at the location as well as the petrol station. "This property met all of our requirements in terms of location, quality of tenant and the level of reveues produced," said Vlada Kubovec to E15. "It matches our investment strategy for the fund for sufficient diversification."

Similar Stories:

Robot seeks location in Bosnia for new shopping center
The Bosnian based company Robot is in discussions with officials in the northeastern Bosni  »
DM opens store at BBI Center in Sarajevo
Bosnia & Herzegovina  ♦  DM opens store at BBI Center in Sarajevo
German retailer DM-drogerie markt opened a new store at the BBI Center in Sarajevo. The ne  »
Stokrotka opens store in Sukcesja
Stokrotka has opened a 1,100 sqm store at the Sukcesja shopping center in Łódź. The gro  »
European retail park floorspace increases by 2.2% in 2018
European retail park floorspace increased by 2.2 percent to 50.1 million sqm in 2018, with  »
When it comes to the development of smartphone apps for the retail sector, most of the act   »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take   »